Green Brick Partners, Inc. (NASDAQ:GRBK) Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC raised its holdings in Green Brick Partners, Inc. (NASDAQ:GRBK) by 53.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,156 shares of the financial services provider’s stock after purchasing an additional 4,945 shares during the period. Intech Investment Management LLC’s holdings in Green Brick Partners were worth $800,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp grew its stake in Green Brick Partners by 5.8% in the 3rd quarter. State Street Corp now owns 1,737,812 shares of the financial services provider’s stock valued at $145,142,000 after acquiring an additional 94,834 shares during the period. Geode Capital Management LLC raised its position in Green Brick Partners by 9.1% during the third quarter. Geode Capital Management LLC now owns 710,144 shares of the financial services provider’s stock worth $59,324,000 after acquiring an additional 59,098 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Green Brick Partners by 9.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 397,624 shares of the financial services provider’s stock valued at $22,462,000 after purchasing an additional 33,152 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Green Brick Partners by 68.4% in the third quarter. JPMorgan Chase & Co. now owns 292,590 shares of the financial services provider’s stock valued at $24,437,000 after purchasing an additional 118,858 shares during the period. Finally, Annex Advisory Services LLC increased its stake in shares of Green Brick Partners by 26.5% during the fourth quarter. Annex Advisory Services LLC now owns 271,931 shares of the financial services provider’s stock worth $15,361,000 after purchasing an additional 57,045 shares in the last quarter. 78.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

GRBK has been the topic of a number of research reports. JMP Securities reaffirmed a “market perform” rating on shares of Green Brick Partners in a research note on Tuesday, December 3rd. Wedbush restated a “neutral” rating and issued a $70.00 target price on shares of Green Brick Partners in a research report on Friday, February 28th.

Green Brick Partners Price Performance

Shares of NASDAQ GRBK opened at $57.36 on Monday. The firm has a 50-day simple moving average of $59.64 and a 200-day simple moving average of $67.03. The company has a quick ratio of 0.63, a current ratio of 7.57 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $2.55 billion, a price-to-earnings ratio of 7.45 and a beta of 1.89. Green Brick Partners, Inc. has a 52 week low of $51.76 and a 52 week high of $84.66.

Green Brick Partners Company Profile

Green Brick Partners, Inc is a diversified homebuilding and land development company in the United States. The company operates through three segments: Builder operations Central, Builder operations Southeast, and Land Development. The Builder operations Central segment operates builders in Texas; and the closing and delivery of homes.